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TOKYO, Oct. 27 (UPI) -- Japanese electronics giant Sony Corp. said it would buy Ericsson's half of a joint mobile communications partnership for $1.4 billion. Sony Ericsson Mobile Communications ...
"Ten years ago when we formed the joint venture, thereby combining Sony's consumer products knowledge with Ericsson's telecommunication technology expertise, it was a perfect match to drive the ...
Sony has agreed to buy Ericsson's 50 percent share in their Sony Ericsson mobile phone joint venture for $1.5 billion, making the mobile handset business a wholly owned subsidiary of Sony.
“Ten years ago when we formed the joint venture, thereby combining Sony’s consumer products knowledge with Ericsson’s telecommunication technology expertise, it was a perfect match to drive ...
Ericsson said the joint venture will be profitable immediately ... were up slightly on European exchanges this morning, while Sony's shares closed up 1.8% in Japan.
Nonetheless, executives from Sony and Ericsson appeared to dial back expectations ... tumbled to 4.8% from 7.4% in the prior year. The joint venture said it sold 7.1 million units in the fourth ...
Sony Corp. and Telefon AB L.M. Ericsson confirmed plans to merge their handset divisions in a joint venture that will produce mobile phones and multimedia-communication products. The new company ...
plus deals with Sony Ericsson, LG and Sharp. Ericsson president and chief executive Carl-Henric Svanberg will be chairman of the joint venture's board, and ST's president and chief executive Carlo ...
Sony will pay EUR1.05 billion in cash for Ericsson's 50% share in the joint venture, which was established in 2001 and has contributed some EUR500 million to Ericsson's profit. Back To Top ...
Sony today announced that it is going to purchase Ericsson's share of the two companies' Sony Ericsson cell phone joint venture for $1.47 billion. Once the purchase is complete, Sony Ericsson will ...
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